The Dutch Competition Authority publishes its report on the role of big techs in the payment market

Dutch regulator calls for tighter regulation of Big Techs in payment market study On 1 December 2020, the Dutch competition authority (ACM) published its long-awaited report on the role of major technology firms (Big Techs) in the payment market. The publication of the report was expected in the summer of 2020 but was delayed due to COVID-19. The study was first announced on 22 October 2019 by the ACM – following up on a request by the Dutch Ministry of Finance to investigate the impact of Big Techs in the Dutch payments market, in particular Amazon, Apple, Ant Group, Facebook, Google and Tencent. The full report is available here, in Dutch only. A summary in English is available here. Our summary of the report The main findings in the report are: The presence of Big Techs in the